Jeffs’ Brands Sells 6.3% Stake in Fort Technology for CAD $928,571

Reuters02-28
Jeffs’ Brands Sells 6.3% Stake in Fort Technology for CAD $928,571

Jeffs’ Brands Ltd. closed a share transfer agreement to sell 714,286 common shares of Fort Technology Inc. to institutional investors for total consideration of CAD 928,571 (about CAD 1.3 per share). The shares sold represent about 6.3% of Fort’s outstanding shares and about 8.1% of Jeffs’ Brands’ prior holdings in Fort. After the sale, Jeffs’ Brands retains a 71.55% equity stake in Fort, and said the partial divestment is intended to provide additional liquidity as it shifts focus toward homeland security and advanced technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeffs Brands Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-021546), on February 27, 2026, and is solely responsible for the information contained therein.

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